Lumia 920 Sales Are Up: Can It Save Nokia?

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Nokia's flagship Windows Phone 8 smartphone, the Lumia 920, is selling strongly across all regions, with some already speculating that it may become a threat to Apple's iPhone 5 and the Samsung Galaxy S3 - the two top selling handsets in the market.

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As early as November 20, the device was all but sold out on AT&T and Amazon -the latter, for example, had the device backordered for two weeks.

Previously, there had been reports that the device had quickly sold out in the UK and Germany, and that it was in short supply in Italy, suggesting that the handset could revive the fortunes of Nokia.

The Finnish company was once the biggest mobile phone manufacturer in the world, but has struggled to compete in an era of smartphones dominated by Apple and devices running Google's Android.

Nokia has all but staked its future on the Windows Phone operating system after abandoning its own Symbian based devices last year.

A 4.5-inch handset featuring a 1280x768pixel display, 1.5GHz dual-core processor and 1GB RAM, the Lumia 920 is certainly one to be taken seriously.

One of the first on the market, alongside HTC's 8X to run Windows Phone 8, the handset is also crucial for Microsoft gaining a foothold in the smartphone sector where it too has lost considerable ground to Google and Apple. In many ways both companies are relying on each other in developing the Windows Phone 8 handset, but some analysts are insisting that reports of the smartphone's success should be taken lightly.